Month: August 2024

Aug.21st-One sharp rise can change the feeling and today happens.

Aug.21st Chinese market recap- One sharp rise can change the feeling and today happens. With some news of 1400 billion loan in housing section and short cover demand after series falling , Chinese market took a revenge rebound and HRC debar had repaired +120rmb/mt. Mills lifted base 5-6 rounds on…
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Aug.20th – A long awaited rebound happened

Aug.20th Chinese market recap- A long awaited rebound happened and now market will come back to the fluctuation period again. Steel futures are pushed up roughly 2% when closed and mills’ more control capacity might help to support present rate and sharp falling last week had made the falling room…
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Aug.9th Chinese market recap

Aug.9th Chinese market recap- Chinese market paused falling and some cover buying with real demand shows up and steel futures showed a ‘W” change and finally closed a little softer. Local debar sales are better volume around 110000mt daily then inventory pressure is eased more or less. Export market is…
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Offer 5204: EGI Silt Coils Stock Ex Germany

Origin:                            Germany Material:                         Prime Selection:                       Allowed QTY:                              320 MT (Approx)   Sizes:                             0.10mm to 4.0mm Width:                            35mm to 702mm Price :                            540 €/ton EXW Duisburg warehouse.  Kindly submit your firm bid with destination port.
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Offer 5203: Cold Rolled Soft Steel Coils Stock Ex Germany

Origin:                            Garmany Material:                        Soft Quality (DC04) Selection:                       Allowed QTY:                                302 MT   Sizes:                              0.60mm to 0.80mm Width:                           595mm to 673mm Price :                            Euro 590/- PMT CFR Main port. Kindly submit your firm bid with destination port.
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Offer 5202:GI Steel Coils Stock Ex Arcelor Mill

Origin:                            Europe Material:                         2nd Choice Selection:                       Not Allowed QTY:                              107 MT (Approx)   Sizes:                             0.45mm to 2.0mm Width:                            945mm to 1544mm Price :                            On Bid. Euro1:                           Available Kindly submit your firm bid with destination port.
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